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Asian shares mostly up in quiet trade

A man walks by an electronic stock board of a securities firm in Tokyo Thursday, Jan. 30, 2014. Asian markets slumped Thursday, extending a global rout on renewed fears about emerging economies after the US Federal Reserve pressed ahead with its stimulus reduction and Turkey and South Africa hiked interest rates.  AP

Asian markets mostly rose while the dollar edged up in holiday-narrowed trade on Friday following a mixed lead from Wall Street and news of a deal between Russia and the West to ease Ukraine tensions.

Posted: April 18th, 2014 in Latest Business Stories | Read More »

Hong Kong stocks open 0.36 percent lower

An electronic board showing the Hong Kong share index is seen at a commercial building in Hong Kong Thursday, April 10, 2014. China has unveiled a plan that would give foreign investors greater access to its stock market by allowing investors in Shanghai and Hong Kong to trade shares on each other's exchanges. AP/Vincent Yu

Hong Kong shares slipped 0.36 percent in the first few minutes of trade Friday, in line with regional losses following a sell-off on Wall Street.

Posted: April 11th, 2014 in Latest Business Stories | Read More »

US stocks jump as worries over Crimea vote fade

Trader Kenneth Polcari, right, works on the floor of the New York Stock Exchange Monday, March 17, 2014. Stocks ended sharply higher, helped by a report that showed factory output rebounded last month.  AP

Investors were able to put aside the ongoing political turmoil in Ukraine on Monday to focus on a bit of good news on the US economy.

Posted: March 18th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Market valuations

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The market continued its bullish climb last week to another high for the year as it closed at 6,429.99, capping the week with a net gain of 116.63 or 1.85 percent.

Posted: March 4th, 2014 in Columnists,Inquirer Columns | Read More »

PSEi continues climb

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pse02182014

The local stock barometer climbed for the third straight session on Tuesday, now nearing the 6,200 mark, riding on firmer sentiment in Wall Street.

Posted: February 18th, 2014 in Latest Business Stories | Read More »

US stocks rise as investors assess earnings

In this Wednesday, Feb. 12, 2014, file photo, traders monitor stock prices at the New York Stock Exchange. The US stock market rose for the fifth time in six days Thursday as higher earnings from several big US companies helped investors shrug off discouraging news about jobs and retail spending.  AP PHOTO/MARK LENNIHAN

The stock market rose for the fifth time in six days Thursday as higher earnings from several big US companies helped investors shrug off discouraging news about jobs and retail spending.

Posted: February 14th, 2014 in Latest Business Stories | Read More »

US stocks decline for first time in 5 days

Timothy Nick, center, with Grey Wolf Execution Partners, monitors stock prices at the New York Stock Exchange, Wednesday, Feb. 12, 2014. Weak earnings from tobacco company Lorillard and household products maker Procter & Gamble helped end the US stock market's longest winning streak of the year Wednesday.  AP

Weak earnings from tobacco company Lorillard and household products maker Procter & Gamble helped end the stock market’s longest winning streak of the year Wednesday.

Posted: February 13th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Asia shares up after Wall St gains, eyes on jobs data

FILE PHOTO

Asian markets rose on Friday after a strong Wall Street rally sparked by upbeat figures on the US labor market ahead of the release of crucial jobs data later in the day.

Posted: February 7th, 2014 in Latest Business Stories | Read More »

US stocks move higher, helped by Facebook, GDP

Specialist Jorge Fernandez, left, and trader Patrick Casey, works on the floor of the New York Stock Exchange Thursday, Jan. 30, 2014. US stocks rose sharply Thursday, with large parts of the market erasing Wednesday's losses, as investors cheered a batch of strong earnings and data that showed the US economy grew at a robust annual rate of 3.2 percent in the fourth quarter.  AP PHOTO

It was a stock market reversal. Stocks rose sharply Thursday, with large parts of the market erasing Wednesday’s losses, as investors cheered a batch of strong earnings and data that showed the US economy grew at a robust annual rate of 3.2 percent in the fourth quarter.

Posted: January 31st, 2014 in Latest Business Stories | Read More »

PH stock index rebounds after heavy beating

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PSE index as of January 29, 2014, 3.46 PM

After taking a heavy beating in the last two days, the local stock barometer swung back to positive territory on Wednesday as an overnight rebound in Wall Street attracted bargain-hunters.

Posted: January 29th, 2014 in Latest Business Stories | Read More »

Microsoft tops expectations with record revenue

AP photo

Microsoft soared to record revenues in the last quarter the company said Thursday, confounding Wall Street forecasts on the back of strong demand for Xbox consoles, Surface tablets and Internet “cloud” services.

Posted: January 24th, 2014 in Latest Business Stories | Read More »

Hong Kong stocks open 0.38 percent lower

A man walks past a bank electronic board showing the Hong Kong share index outside a Hong Kong local bank Monday, Aug. 12, 2013. Asian markets rose Tuesday with Tokyo lifted by a weaker yen ahead of fresh numbers that will give an indication of the strength of the US economy.  AP PHOTO/VINCENT YU

Hong Kong shares slipped 0.38 percent in opening exchanges Friday following losses on Wall Street that were fuelled by soft corporate and economic news.

Posted: January 17th, 2014 in Latest Business Stories | Read More »

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